I recently e-mailed a Forbes writer/serial entrepreneur about his article "Should You Quit Your Full Time Job For Your Startup?" I told him that I found a research on the revenue difference between full-time business and part-time business that will support his view. See the full research I wrote here: The…

I've always wanted to say this.... "Part-Time Entrepreneurs" is a HORRIBLE advice. Why? Doing business part-time allows you to receive steady income from your corporate job. Doing business part-time also reduces the risk. So, what's the problem? Who's The Real King? If you treat your business like a part-time job. Guess what?…

The brutal truth of e-commerce business is this: It's hard to raise the margin. Even though you have a huge revenue, you are not making much of the profit if your margin is low. (In my own opinion, I believe margin under 35% is considered to be low. If you're not…

A few months ago, I received an e-mail from SellingOnlineToday.com - An e-commerce consulting company based in Ireland. Their CEO Patrick Colon wanted to interview me to cover my successful story in e-commerce field. What they are doing is they seek successful e-commerce entrepreneurs online. Record the interviews and release to their…

So, you want to start a business now? But the first question arises in your head "How do I know what products to sell?" Before I answer that, I have a questions for you. Have you (or friends you know) ever sold hot products online, but you only get a…

I got many people asking me "How to find my own profitable niche market?" There are tons of ways to find your niche market, some people use the paid tools to do that. Which makes no sense to me if you are a startup. I used 3 FREE websites to do research to…

You found your potential niche market after researching thoroughly, right? Now it's time to take The Absolute Niche Test to see if your chosen niche market is most likely to be profitable before you start contacting the vendors. The test is simple, there are six Yes and No questions. The total score is…

Recently, I'm taking Tai Lopes' The 67 Steps Program. Tai was first seen in the Ted Talk. He was a high school graduated farm boy, but now he's now living a luxury life in Hollywood Hills with all the Hollywood celebrities. In The 67 Steps Program, Tai focuses on the MINDSETS,…

After watching episodes of Shark Tank TV Show, I came up with a conclusion that Sharks would not help the entrepreneurs with high cost products. Those entrepreneurs truly believe products Made in USA have the best quality. But is it really necessary to get the best quality of all? It really depends on what…

I overheard a conversation from two of my friends about not making enough money. Friend A suggested Friend B investing real estate in other states where the house values are low. But Friend B doesn't have enough saving to invest real estate. The conversation went on for 30 minutes but…